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Buoyed by an optimistic economic outlook, the yuan has strengthened against the US dollar by nearly 5 percent since the end of May. Last month, the yuan appreciated by 1.8 percent against the greenback to around 6.84 per dollar.

Bottom line, it won’t be a surprise if higher-resolution screens are one of the new features in the next version of Amazon’s 6-inch Kindle e-readers.

Businesses, assets and R&D facilities of those products should be divested, and the new company should ensure supply in reasonable prices in China in the next five years, according to the statement.

Brazil has been the main battlefield for State Grid's "going out" plan. The company purchased 100 percent stakes in Brazil's 12 power transmission firms in December 2010 and December 2012, with a total investment of .68 billion.

Both the government and the people of China have made unimaginable efforts to effectively prevent the spread of the virus, which has bought time for other countries to take precautionary actions and highlighted China's image as a responsible country, said the president, adding that he is glad to see the peak of the COVID-19 outbreak in China is over now.